The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vijay Kumar Kaushik
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Vijay Kumar Kaushik, Promoter and Director of Vibhor Steel Tubes Ltd, bought 4,000 equity shares in the open market on NSE on March 13, 2026, at an average price of Rs. 113.82 per share. This represents just 0.02% of the company's total paid-up equity capital, raising his holding from 40,13,580 shares (21.17%) to 40,17,580 shares (21.19%). The disclosure is filed under Regulation 29(2) of SEBI's SAST Regulations, 2011, meaning the change crossed a reporting threshold despite the small size. Total equity share capital remains at Rs. 18.96 crore divided into 1,89,62,443 shares of Rs. 10 each.
This is a minor, incremental purchase by the promoter, signaling continued confidence in the company, but the tiny size (0.02%) is unlikely to have any meaningful impact on the stock price. No change in control risk; promoter remains well below 50%.